Deutsche Bank Profit Sinks

Earnings Fall 69% as Investment Banking Feels the Pinch From the Debt Drama

By

Laura Stevens And

Eyk Henning

February 3, 2012

FRANKFURT—Deutsche Bank AG's profit slumped 69% in the fourth quarter as its investment-banking division took a beating from the euro-zone crisis.

Germany's largest bank by market capitalization said Thursday that it earned €186 million ($244.8 million), or 15 European cents a share, in the fourth quarter, down from €605 million, or 63 European...